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Biesse SPA ( (IT:BSS) ) has shared an update.
Biesse S.p.A has announced the purchase of 148,814 ordinary shares on the Euronext Milan, representing 0.54% of its share capital, for a total value of 823,294.79 euros. This acquisition is part of a treasury share purchase program authorized by the shareholders and executed independently by Intesa Sanpaolo S.p.A, increasing Biesse’s total treasury shares to 2.9% of its share capital.
The most recent analyst rating on (IT:BSS) stock is a Hold with a EUR6.00 price target. To see the full list of analyst forecasts on Biesse SPA stock, see the IT:BSS Stock Forecast page.
More about Biesse SPA
Biesse S.p.A is an international company that produces integrated lines, machines, and components for processing materials such as wood, glass, stone, plastic, and composites. Founded in Italy in 1969 and listed on the Euronext STAR segment of the Italian Stock Exchange, Biesse supports industries in furniture, construction, automotive, and aerospace sectors. With 85% of its turnover generated abroad, Biesse operates through a global network with production areas and showrooms in 19 countries, employing over 3,700 people.
YTD Price Performance: -27.05%
Average Trading Volume: 93,272
Technical Sentiment Signal: Strong Sell
Current Market Cap: €145.8M
See more insights into BSS stock on TipRanks’ Stock Analysis page.